Monthly Archives: May 2018

USD/CAD: Canada’s building permits rebounded sharply in March

Posted on May 10, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD declined 0.76% against the CAD and closed at 1.2853. On the macro front, building permits in Canada rebounded 3.1% MoM in March, beating market expectations for an advance of … Continue reading →

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USD/CHF: Swiss Franc trading higher this morning

Posted on May 10, 2018 by GCI Financial

USDCHF Movement For the 24 hours to 23:00 GMT, the USD rose 0.33% against the CHF and closed at 1.0051. In the Asian session, at GMT0300, the pair is trading at 1.0043, with the USD trading 0.08% lower against the … Continue reading →

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USD/JPY: Japan’s (BOP basis) trade surplus sharply widened in March

Posted on May 10, 2018 by GCI Financial

USDJPY Movement For the 24 hours to 23:00 GMT, the USD rose 0.61% against the JPY and closed at 109.75. On the data front, Japan’s flash leading economic index declined more-than-expected to a level of 105.0 in March, compared market … Continue reading →

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GBP/USD: Pound trading on a stronger footing, ahead of BoE’s interest rate decision

Posted on May 10, 2018 by GCI Financial

GBPUSD Movement For the 24 hours to 23:00 GMT, the GBP slightly rose against the USD and closed at 1.3548. In the Asian session, at GMT0300, the pair is trading at 1.3560, with the GBP trading 0.09% higher against the … Continue reading →

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EUR/USD: Euro reverses losses in the Asian session

Posted on May 10, 2018 by GCI Financial

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.08% against the USD and closed at 1.1852. In economic news, industrial production in France unexpectedly retreated 0.4% on a monthly basis in March, defying market expectations for … Continue reading →

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Trading Signals as per 09-May-2018

Posted on May 9, 2018 by GCI Financial

Pair Action Status Stop Loss Take Profit USD/JPY BUY Active 109.18 109.98 EUR/JPY SELL Active 130.32 129.52 NZD/USD SELL Active 0.6989 0.6929 USD/CHF SELL Active 1.0082 1.0022 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading →

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Crude Oil: Oil trading higher, ahead of EIA’s weekly crude oil stockpiles data

Posted on May 9, 2018 by GCI Financial

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.16% against the USD and closed at USD70.10 per barrel, reversing its earlier losses after the US President, Donald Trump confirmed the withdrawal of the US from … Continue reading →

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Silver: White metal trading lower in the Asian session

Posted on May 9, 2018 by GCI Financial

Silver Movement For the 24 hours to 23:00 GMT, Silver rose 0.06% against the USD and closed at USD16.52 per ounce, tracking gains in gold prices. In the Asian session, at GMT0300, the pair is trading at 16.46, with silver … Continue reading →

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Gold: Yellow metal trading on a weaker footing this morning

Posted on May 9, 2018 by GCI Financial

Gold Movement For the 24 hours to 23:00 GMT, Gold rose 0.06% against the USD and closed at USD1315.40 per ounce, lifted by increased geopolitical concerns after the US President, Donald Trump announced his decision to pull out of the … Continue reading →

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AUD/USD: Aussie trading on a weaker footing this morning

Posted on May 9, 2018 by GCI Financial

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.88% against the USD and closed at 0.7449. LME Copper prices declined 0.90% or $61.0/MT to $6722.0/MT. Aluminium prices rose 2.94% or $68.0/MT to $2384.0/MT. In the Asian … Continue reading →

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USD/CAD: Canada’s housing starts eased above expectations in April

Posted on May 9, 2018 by GCI Financial

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.52% against the CAD and closed at 1.2952. The Canadian Dollar lost ground against the USD, after Canada’s seasonally adjusted housing starts declined more-than-estimated to a level of … Continue reading →

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